Verified: Ultima Markets Was Registered On May 27, 2021 And Is A Brokerage Company Currently Regulated By The Cyprus Securities And Exchange Commission.
According To The Company's Official Website:
Ultima Markets Is A Reputable Financial Institution Group Operating Under The Supervision Of The Cyprus Securities And Exchange Commission (CySEC) And The Australian Securities And Investments Commission (ASIC).
The Brokerage Claims To Cater To The Diverse Needs Of Traders By Offering A Range Of Trading Instruments, Including Forex, Metals, Commodities, Indices, CFDs On Stocks And Cryptocurrencies.
Ultima Markets Runs Its Main Trading Server From Its Ny4 Data Center In New York. The Servers Are Standalone Physical Servers, Which Are Connected To Dozens Of Liquidity Providers By The Equinix Ny4 Optical Network Via Onezero Bridge.
Ultima Markets Offers Three Different Account Types. Here Is A Brief Description Of Each Account Type:
1. Standard Account: The Standard Account Is Designed For Professional Traders And Offers Stable Trading Conditions. It Offers Instant Execution, Access To A Wide Range Of Products Including Currency Pairs, Indices, Commodities And Stock CFDs. Leverage Up To 2000:1 With Minimum Spreads From 1.0 Pips. There Is No Commission For Trading In The Standard Account. It Requires A Minimum Deposit Of $50.
2. ECN Account: The ECN Account Is Suitable For Trading Experts Looking For The Best Trading Conditions. It Offers A Safe Trading Environment With Zero Spreads And Low Commissions. Traders Can Enjoy Instant Execution, Access To A Wide Range Of Trading Platforms And Trade A Wide Range Of Products. ECN Account Has Leverage Up To 2000:1 And Requires A Minimum Deposit Of $500.
3. PRO ECN Account: Pro ECN Account Is A Premium Service For Professional Traders Who Need The Best Trading Conditions. It Offers The Lowest Commissions Among All Account Types, Zero Spreads And A Safe Trading Environment. Pro ECN Account Requires A Minimum Deposit Of $20,000, Making It Suitable For High Volume Traders.
Spreads And Commissions
Ultima Markets Offers Low Spreads And Commissions, From $0 And As Low As 0.0 Pips Respectively. With Leverage Of Up To 1:2000, Traders Can Maximize Their Trading Power And Explore Various Trading Opportunities. The Brokerage Operates Its Primary Trading Server In The Ny4 Data Center In New York, Ensuring Fast Execution And Connectivity With Multiple Liquidity Providers.
Traders Have Access To A Variety Of Trading Platforms, Including The Popular Metatrader 4 (mt4) Platform. The Mt4 Desktop Version Offers Comprehensive Functionality, Customizable Charts, And Access To Over 250 Trading Tools. Ultima Markets Also Offers Mt4 Mobile For Mobile Trading And Mt4 Webtrader For Browser-based Trading.
Supporting Traders' Decisions, Ultima Markets Offers Trading Tools Such As An Economic Calendar, A Trading Calculator, An Introduction To Forex, And More. These Tools Provide Valuable Information And Analysis To Enhance Trading Strategies. In Addition, Ultima Markets Offers Credit Rewards To Improve Trading Capabilities, Subject To Specific Terms And Conditions.
Customer Support Services Are Easily Available Via Phone, Email, Live Chat And Social Media Platforms. Traders Can Contact Ultima Markets For Help, Enquiries Or Technical Support.
Pros And Cons
Ultima Markets Is A Regulated Brokerage That Offers Multiple Market Instruments, Low Spreads And Multiple Trading Platforms. They Offer Useful Trading Tools And Customer Support Services. However, There Are Some Potential Downsides To Consider. Limited Information Provided In Certain Areas, Such As Payment Methods, Deposits And Withdrawals, Can Be A Concern For Traders. In Addition, The Lack Of Detailed Promotional Information And Transparency In Terms Of Fees Can Raise Issues. Traders Are Advised To Conduct Thorough Research And Seek Clarification On These Issues Before Deciding To Participate Ultima Markets.
Services
Ultima Markets Offers A Range Of Market Trading Tools. Here Is A Brief Description Of The Different Tools They Offer:
1. Forex: Ultima Markets Allows Trading In The Forex Market, Commonly Known As Forex. Market Participants Use The Tool To Hedge Currency And Interest Rate Risk, Speculate On Geopolitical Events, And Diversify Their Portfolios. Ultima Markets Offers Bull And Bear Market Trading, T + 0 Trading, Leverage Up To 1:2000, 24 Hours A Day, 5 Days A Week, No Commissions And Low Fees.
2. Metals And Commodities: Ultima Markets Offers Trading Opportunities In Metals And Commodities. Hard Commodities Such As Oil, Gold, And Rubber Can Be Traded, As Well As Soft Commodities Such As Coffee, Wheat, Or Corn. Monitoring The Market At Any Time, Influencing The Supply And Demand Dynamics Of Commodity Markets, Attractive Price Speculation Options No Hidden Fees, No Trading Desks, No Re-quotes And Fast Execution Through Equinix NY4 Servers Are Some Of The Features Offered In This Category.
Market-instruments
3. Indices: Ultima Markets Offers Index Contracts For Difference (CFDs) Covering Major Global Indices. This Allows Traders From One Country To Participate In Global Markets. Features Include Trading From 0.01 Lots, Monitoring The Market Anytime, Anywhere, No Stamp Duty, Low Fees, Leverage Up To 1:500, No Re-quotes, Deep Liquidity Pools, Fast Execution Through Equinix NY4 Servers.
4. Stock CFDs: Ultima Markets Offers Stock CFDs On Popular Stocks, Including Companies Such As Apple, Amazon, Disney, And Tesla. Traders Can Participate In The Price Movements Of These Stocks Without Owning The Actual Stock. Features Offered Include Trading 0.01 Lots, Monitoring The Market Anytime, Anywhere, No Stamp Duty, Low Fees, Leverage Up To 1:333, No Re-quotes, Deep Liquidity Pool, Fast Execution Via Equinix NY4 Servers.
5. Cryptocurrency: Ultima Markets Supports Trading In Cryptocurrencies, Which Are Digital Assets That Typically Use Decentralized Control. Traders Can Monitor The Cryptocurrency Market Anytime, Anywhere, Access The Global Equity CFD Market, Enjoy Arm's Length Transactions For Two-way Trading, Experience No Hidden Fees, No Re-quotes For Deep Liquidity Pools, And Benefit From Fast Execution Through The Equinix Ny4 Server.
To Open An Account With Ultima Markets, You Can Follow These Steps:
1. Visit The Ultima Markets Website: Go To The Ultima Markets Website And Find The "Open Account" Or "Register" Button. Click It To Start The Account Opening Process.
2. Fill In The Regedit: Provide The Required Information In The Regedit. This Usually Includes Your First Name, Last Name, Country Of Residence, Phone Number (including Country Code) And Email Address. You May Also Need To Select An Account Type, Retail Traders Are Usually "individuals".
3. ID Enquiry: Ultima Markets Will Verify Your Identity. They May Ask You To Submit Certain Identification Documents, Such As A Passport Or National ID Card, To Verify Your Personal Information. Follow The Instructions Provided By Ultima Markets To Complete This Step.
4. Deposit Funds: Once Your Identity Has Been Verified, You Will Need To Deposit Funds Into Your Account Ultima Markets Trading Account. Ultima Markets Offers Different Deposit Methods Such As Bank Transfers, Credit/debit Cards Or Electronic Payment Systems. Choose The Deposit Method That Works Best For You And Follow The Instructions Provided To Transfer Funds Into Your Trading Account.
5. Start Trading: Once Your Funds Are Deposited, You Can Start Trading Immediately. Ultima Markets Offers Trading Across Various Asset Classes Including Forex, Commodities, Indices, CFDs On Stocks And Cryptocurrencies. You Can Access Their Trading Platforms Such As Metatrader 4 And Start Executing Trades Based On Your Trading Strategy.
Trading Platform
MT4 Desktop Edition: Metatrader 4 (mt4) Is A Widely Used Electronic Trading Platform Developed By Metaquotes Software. Ultima Markets Offers Mt4 Desktop Edition, Which Combines Simplicity, Speed And Comprehensive Functionality. Traders Can Customize Charts, Access Over 250 Trading Instruments, Benefit From Ultra-fast Execution, Utilize Expert Advisors (EA) For Automated Trading, Utilize Built-in Indicators For Market Analysis, Manage Risk With Guaranteed Stop-loss Orders, And Enjoy An Easy-to-operate - Custom Layout For A Seamless Trading Experience.
MT4 Mobile: Ultima Markets Offers The Mt4 Mobile App For IOS And Android Devices. The Mobile Platform Allows Traders To Stay Connected And Trade Anytime, Anywhere. It Offers Real-time Pricing And Execution, Opening And Closing Positions At Any Time, Placing Buy/sell Orders, Viewing Trading History, Accessing Various Timeframes And Technical Indicators For Analysis, And The Ability To Utilize 24 Analytical Charting Tools. Using The Mt4 Mobile Version, Traders Can Conveniently Monitor Their Accounts And Adjust Trading Strategies From Their Mobile Devices.
Meta Trader 4 (mt4) Web Trader: Ultima Markets Offers Mt4 Webtrader, Which Allows Traders To Access Their Mt4 Accounts Through A Web Interface. Traders Can Trade Directly From Their Browser Without Downloading Or Installing Any Software. Mt4 Webtrader Offers Comprehensive Trading Features, Including Access To Multiple Financial Marekts, Such As Forex, Indices, Commodities And CFDs On Stocks. It Also Offers Risk Management Tools, Expert Analysis And A Secure Trading Environment.
Promotions And Bonuses
Initial Deposit Bonus: Ultima Markets Is Offering A Credit Bonus Of 50% On A Client's Initial Deposit. For Example, If You Deposit $500, You Will Receive A Credit Bonus Of $250.
Subsequent Deposit Bonus: After The Initial Deposit, Ultima Markets Is Offering An Additional 20% Credit Bonus On Subsequent Deposits. For Example, If You Deposit $1,000, You Will Receive A Credit Bonus Of $200 On Subsequent Deposits.
Please Be Sure To Note That Credit Bonuses Are Subject To Certain Terms And Conditions, Which May Include Minimum Deposit Requirements, Trading Volume Conditions And Specific Withdrawal Conditions. It Is Recommended To Carefully Review The Terms And Conditions Related To Credit Bonuses Before Opting In.
Credit Bonuses Can Be Used To Improve Your Trading Ability And Increase Your Available Margin, Allowing You To Take Larger Positions In The Market. However, It Is Essential To Effectively Manage Your Trading Risks And Consider The Impact Of Increased Leverage On Your Trading Strategy.
Customer Support
1. Phone: Clients Can Contact Ultima Markets Via Phone + 61 02 7259 6666, This Allows Direct Communication With The Company's Support Team To Resolve Any Pressing Issues Or Queries.
2. Email: Clients Can Contact Ultima Markets Via Email Info@ultimetrics.com, This Provides A Convenient Way To Send Detailed Queries Or Requests For Help, And The Support Team Will Respond To These Emails.
3. Live Support: Ultima Markets Provides 24-hour Live Support To Its Clients. Traders Can Access This Feature On The Company's Website Or Trading Platform To Have A Live Chat With A Client Server Representative. This Helps To Resolve Issues Quickly And Assist In Resolving Issues Related To Trading.
4. Social Media: Ultima Markets Is Active On Various Social Media Platforms Including Twitter (https://twitter.com/ultimamarkets/), Facebook (https://www.facebook.com/ultima.markets), Instagram (https://www.instagram.com/ultima_markets/) And Linkedin (https://www.linkedin.com/company/ultima-markets/mycompany/).
